BRICK.
Palmer Street, Reading RG1
RG146AD
£405,000
Key numbers
Comp median
£231,000
+75% vs asking
Est. rent
£1,200/mo
3.6% gross yield
Condition
8/10
Good
SDLT
£19,900
Running costs
£299/mo
2yr trend
+3.0%
slow liquidity
AI Summary
Huntley Wharf is a well-regarded riverside development and this sixth-floor apartment presents as a genuinely modern, well-specified home with attractive easterly views and no onward chain. However, the asking price of £405,000 sits substantially above the local comp median of £231,000, and with only 0 comparable sales in the last 12 months, it is difficult to validate current market pricing with confidence — buyers should commission an independent RICS valuation before proceeding. The slow sales velocity in this segment also suggests the resale market is not especially active, so this purchase should be approached as a medium-to-long-term commitment.
Comparable sales - 20 transactions
Median ARV
£231,000
Min
£96,000
Max
£392,500
83 DALCROSS
£215,000
RINGSIDE FLAT 43 HIGH STREET
£138,000
18 WESSEX CLOSE
£96,000
VERTO, 120 FLAT 201 KINGS ROAD
£245,000
WEST GREEN COURT 1 BERKELEY AVENUE
£280,000
~£1,200/mo
Regional estimate - live data unavailable for this area
Gross yield
3.6%
Stamp Duty Land Tax (SDLT) · England & N. Ireland
Purchase price: £405,000 · Effective rate: 4.9%
£19,900
Stamp Duty Land Tax applies in England & Northern Ireland. Higher rates apply to additional properties. First-time buyer relief available on properties up to £500,000.
Due within 14 days of completion. Your solicitor typically handles filing and payment.
Mortgage Brokers
UK-wide online mortgage broker · Free, whole-of-market
Solicitors & Conveyancers
Online conveyancing · Fixed fees from £595 · No completion, no fee
Verified partners selected for your area. Always compare multiple quotes.
AI photo assessment
Condition
8/10
ExcellentKerb appeal
8/10
Positives from photos
Cavity wall, as built, insulated (assumed)
Wall insulation: ~£700.
Nearby schools
School data from OpenStreetMap. Check Ofsted for official inspection ratings.
Crime - 755 incidents (2026-01)
Crime data from Police UK. Covers incidents reported within approximately 1 mile.
Low coal mining risk
Estimated monthly costs
£299/mo
EPC certificate (heating + hot water + lighting)
Estimated Band C from 63m² floor area
Regional average (local provider)
Estimated UK average
Estimated from 63m² (Apartment)
These are estimates based on averages and EPC data. Actual costs will vary depending on usage, provider, and local authority rates.
Moderate transaction volume in this area.
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BRICK. Property Intelligence
Report prepared 28 March 2026
Data sources
HM Land Registry, EPC Register, Environment Agency, Police UK, OpenStreetMap, planning.data.gov.uk, Coal Authority, SpareRoom, and portal listing data. Market statistics derived from 30M+ recorded transactions.
Important
This report is for informational purposes only and does not constitute financial, legal, or investment advice. Property values, costs, and market data are estimates based on publicly available sources. While we strive for accuracy, we make no warranties about the completeness or reliability of the information. Always conduct your own due diligence and seek independent professional advice before making property decisions. Brickstack Ltd accepts no liability for any loss arising from the use of this report.
BRICK. Property Intelligence
Data: HM Land Registry, EPC Register, Environment Agency, Police UK, OpenStreetMap, planning.data.gov.uk, Coal Authority. Market statistics from 30M+ transactions.
This report is for informational purposes only and does not constitute financial, legal, or investment advice. Property values, costs, and market data are estimates based on publicly available sources. Always conduct your own due diligence and seek independent professional advice before making property decisions. Brickstack Ltd accepts no liability for any loss arising from the use of this report.
9 April 2026 | brickstack.co.uk